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Development

Vermont gains housing credit qualified census tracts for 2013

Next year, Vermont will gain eight qualified census tracts for the purposes of the Low-Income Housing Tax Credit program.   Buildings located in qualified census tracts receive increased funding through the housing credit program because the “eligible basis” can be increased by 130 percent. 

Qualified census tracts have at least 50 percent of households with incomes less than 60 percent of the area median income or have poverty rates of at least 25 percent. 

Advanced housing tax credit course on June 7, 2012

This full day training, sponsored by Vermont Housing Managers Association, is intended for senior management staff, developers, corporate finance officers, and others involved in decision-making with regard to how credit deals are structured.  

Top ten tax expenditures for housing in 2011

Of the 10 largest housing expenditures, by dollar cost, the Low-Income Housing Tax Credit is only 3%, according to an analysis reported by Novogradac yesterday.  By contrast, the five largest housing-related tax expenditures combined represent 93% of the ten largest housing-related tax expenditures in FY 2011. 

Housing Vermont secures $20 million in private capital for affordable housing development

From our partners at Housing Vermont: 

New neighbors in VHFA’s future?

Plans for the final development of the block across from VHFA’s offices took a leap forward recently.  On Tuesday, Burlington voters approved the creation of a tax increment financing district to help projects such as this in

Treasury announces $35 million in New Markets Tax Credit awards for Vermont

Emphasizing the importance of economic recovery in distressed areas, U.S. Department of the Treasury's announced last week the award of $3.6 billion in New Markets Tax Credit (NMTC) nationwide, including $35 million for Vermont projects.  

Largest net zero energy community in the U.S. opens

In August 2011, the University of California at Davis welcomed the first residents of UC Davis West Village, a multi-use development that is expected to generate the same amount of energy that it consumes.

Common application streamlines process for Vermont renters

Many applicants for assisted rental housing in Vermont will now need only complete a single application as a beginning point in the process of applying for housing under the

Architectural award goes to Gossen Bachman Architects for Windsor's Union Square

VHFA opposes South Burlington's interim zoning proposal

Today VHFA submitted comments to the South Burlington City Council in response to their consideration of a proposed Interim Zoning ordinance.

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